Posted by Duane On March - 21 - 2006ADD COMMENTS
A CNN poll today reminded me of something I had thought about a while ago: "Should homeowners be allowed to rebuild in flood-prone areas of New Orleans?" At the time of this post, 72% say no while the remaining (28%) says yes. When this issue first came up, my initial reaction was "no" because it would legitmize the endless pork spending on folks who continue to build in areas they know are prone ...More
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Posted by Duane On March - 21 - 2006ADD COMMENTS
First, the news... HAVANA, March 20 (Reuters) - Nation of Islam leader Louis Farrakhan is visiting communist Cuba to learn about disaster relief, a visit prompted by the failure of the U.S. government to cope with Hurricane Katrina, he said on Monday. The controversial Nation of Islam leader, who is visiting Cuba for a week, criticized Washington for refusing a Cuban offer to send doctors after Katrina devastated New Orleans last August, ...More
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Posted by Duane On March - 21 - 2006ADD COMMENTS
Shay Reily of BookerRising comments on a recent article in the New York Times that suggests that the plight of African-American men has worsened despite the gains of other groups: "Let us not forget the how-not-to-be-poor-in-America formula put forth by black libertarian economist Walter Williams: graduate from high school, don't have children before marriage, stay away from drugs, stay out of jail, and have a decent work ethic. While it is ...More
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Posted by Duane On March - 21 - 2006ADD COMMENTS
"The experiment started in a small way in 1994, when Estonia became the first country in Europe to introduce a “flat tax” on personal and corporate income. Income is taxed at a single uniform rate of 26%: no schedule of rates, no deductions. The economy has flourished. Others followed: first, Latvia and Lithuania, Estonia's Baltic neighbours; later Russia (with a rate of 13% on personal income), then Slovakia (19% on ...More
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